Mining law adopted

The law reorganises the institutional framework for the mining sector and redefines mining contracts. It converts the mining body, the Agence Nationale du Patrimoine Minier (ANPM), into the Agence Nationale des Activités Minières (ANAM), which will have new powers including the policing of mines. It classifies resources into strategic and non‑strategic. Any local company with the requisite technical and financial capacity can carry out prospecting and development of non‑strategic resources. Strategic resources can only be developed by state-owned companies or other state-owned entities. These companies can sign contracts with third parties, but must retain at least a 51% share in the project.

• Type:

  • Entry and establishment (Ownership and control, Approval and admission)

• Industry:

  • Primary (Mining and quarrying)

• Sources:

  • Algérie Presse Service, Council of the Nation adopts mining bill, http://www.aps.dz/Council-of-the-Nation-adopts,143307.html, 30 Jan 2014
  • Economist Intelligence Unit, Algeria gets new mining bill, 06 Feb 2014